EDF:EDF completes sale of its interest in CENG
09-Aug-2021 06:00:00 | Yahoo Sports
Press release9 August 2021 EDF completes sale of its interest in CENG EDF announces it has completed today the sale of its 49.99% interest in Constellation Energy Nuclear Group, LLC (“CENG”) to its joint venture partner, Exelon Generation, LLC (“Exelon”). The sale is pursuant to a Put Agreement entered into by EDF and Exelon in April 2014[1], in which Exelon granted to EDF the right to sell its interest to Exelon at fair market value. EDF exercised the put option in January 2020[2]. The purchase
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